This blog posts about aviation, automobiles, electronics, programming, politics and such other subjects as catch my interest. The blog is based in northern New Hampshire, USA

Sunday, March 14, 2010

Some Questions about Obamacare

1. How can we pay for health care by taxing health care? Surely the health care providers will raise their rates to pay the taxes? 2. What great sin are the insurance companies guilty of? There are all state regulated. The rate increases they are asking for have to be approved by state regulators. If the companies can convince the regulators that they need the money, then it's a good bet they really do need the money.3. What's wrong with a race to the bottom? Obama's objection to interstate sale of insurance is that people will flock to cheaper insurance from states with fewer mandated coverages. What's wrong with that?